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Baltic Energy Alliance

Initiative regarding Nord Stream 2 is being developed in the Baltic Sea region

  • January 7, 2016
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Baltic Energy Alliance – the name of a concept organization aimed towards key gas business and policy issues within the Baltic Sea region. It was announced during Baltic Energy Forum in Riga, Latvia last year officially and is on its way to establishment this year with its legal status as a foundation. The idea beyond Baltic Energy Alliance (BEA) it is to compensate severe lack of information on main gas business issues related with international energy projects – supply, diversity, infrastructure, tax revenues, price stability or predictability, return on investments and others.

The author of BEA, Mr. Maris Sproga: “ The gas is a strategic commodity and it deserves a special and focused center for excellency when dealing with all the related aspects, especially, when it comes to energy supply and security. And that is of key importance for the Baltic Sea Region, also in the context of the European Union and its energy policies, interpretation of which sometimes tend to be misleading of used for political purposes” .

Nord Stream 2 project raising already a lot of emotional escapades and discussions will be among key priorities for BEA, as well as LNG supply issues and market development. The developers of Baltic Energy Alliance are identifying the potential stakeholders currently.

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